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Inflation surges to hottest level in nearly three years as Iran war raises prices - AOL
3+ day, 3+ hour ago (454+ words) Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher, and started to filter through the economy " likely keeping the Fed on hold when it comes to interest rates. The…...
Inside Jerome Powell's tenure as Fed Chair - AOL
3+ hour, 29+ min ago (160+ words) Inside Jerome Powell's tenure as Fed Chair AOL. com Jerome Powell's tenure as Federal Reserve chair comes to an end on Friday, May 15, as Kevin Warsh prepares to take his place. Here's a look back at some of the defining…...
Takeaways from Fed Chair Jerome Powell's tenure as he steps down - AOL
5+ hour, 51+ min ago (143+ words) Takeaways from Fed Chair Jerome Powell's tenure as he steps down AOL. com Powell faced a pandemic, an acute bout of inflation and a criminal probe. ABC News' Elizabeth Schulze reports. Andy Reid jokes he'll attend Travis Kelce and Taylor…...
Beef prices have hit record highs: Stat of the day - AOL
3+ hour, 10+ min ago (180+ words) Cover your eyes and put away the wallet the next time you head to the meat department at your local grocery store. The average price of ground beef in the US is now at a record $6. 90 per pound, according to…...
Donald Trump doesn't "think about Americans' financial situation' - AOL
2+ day, 4+ hour ago (549+ words) President Donald Trump said Americans" financial struggles do not factor into his negotiations with Iran while speaking on May 12. Asked how much economic hardship influences his approach, Trump responded, "Not even a little bit." He added, "The only thing that…...
Which European countries have the most billionaires, and how many are in each? - AOL
40+ min ago (649+ words) Wealth inequality is a significant issue worldwide, including in Europe. The richest 1% of the population hold at least 20% of the wealth in almost all European countries, and in many cases, this share exceeds 25%, according to Our World in Data. Across…...
CNN star caught on hot mic talking about "brutal" inflation report - AOL
1+ day, 19+ hour ago (393+ words) CNN chief data analyst Harry Enten was about to go on air to explain just how bad Donald Trump's inflation numbers are. But right before his segment started, new data was released " and even Enten seemed caught off guard by…...
UK borrowing costs rise and pound falls as leadership drama continues - AOL
1+ hour, 56+ min ago (668+ words) UK government borrowing costshave reached a new 18-year high and the pound has fallen as the battle for the Labour leadership took another twist with Andy Burnham's decision to fight a by-election. While other European government borrowing costs also rose,…...
German residential construction morale posts sharpest drop in four years - AOL
9+ hour, 36+ min ago (143+ words) May 15 (Reuters) - German residential construction sentiment suffered its steepest drop "in four years in "April, with firms turning sharply more pessimistic about "both current conditions and the outlook. The Ifo institute's business climate index for the sector plunged to minus…...
Putin says measures taken to boost Russian economy are working - AOL
3+ hour, 3+ min ago (136+ words) Putin says measures taken to boost Russian economy are working AOL. com MOSCOW, May 15 (Reuters) - Russian President Vladimir Putin said "on Friday that measures undertaken "by the government to boost the "economy were beginning to yield positive results, after Moscow…...
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